3/12/2023 0 Comments Society act in marathi![]() To start with, all the members and the Managing Committee should know the various components of the Financial Statement –Ĭomponents of Income and Expenditure Statement ![]() So that members can study and raise any query related financial figures reflected in the Statement, as members have the right, to know where their contribution is spent or invested by the Society, and the Committee should know how to study the Financial Statement and analyze it. ![]() The information provided in the Balance Sheet shows the financial result of management decisions.ĭistribution of Financial statements should be done 14 days prior to the AGM. The Balance Sheet is also called the Financial Statement of the Cooperative Society and provides a picture of our Society’s financial status at the end of a particular financial year. Financial Statement of the Cooperative Society
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